The crypto market is buzzing with activity, particularly regarding Hedera (HBAR), Chainlink (LINK), and the new platform Unstaked. The latter offers solutions for rapid response in the crypto industry.
HBAR Could Surge 32%
Hedera Hashgraph (HBAR) shows signs of potential recovery, with forecasts indicating a 32% price increase. Analysis of the 4-hour chart depicts a falling wedge formation, suggesting a bullish reversal that could push the price from $0.19516 to approximately $0.25742.
The rising on-chain activity is reflected in a 353% surge in stablecoin supply on the Hedera network, reaching $181 million. This indicates increased investor confidence and network activity.
Technical indicators support this positive outlook, as HBAR is trading above its 200-day Exponential Moving Average and the key 61.8% Fibonacci retracement level. However, if HBAR drops below $0.15, this bullish scenario could be at risk.
LINK Looks to Hold $10
Chainlink (LINK) is facing pressure after a failed attempt to break through the $18 resistance, resulting in a 16% decline. This indicates that bullish momentum is weakening, and if the downtrend continues, LINK might test the $10 support.
The price drop signals a shift in investor sentiment, with more selling pressure and less buying interest. The inability to maintain higher levels raises the possibility of a deeper correction ahead. Investors should keep a close eye on the $10 support zone, as breaking it could lead to further losses.
Unstaked: The Future of Crypto Engagement
Unstaked is gaining attention in the crypto industry for providing rapid response capabilities. The platform is already live, utilizing AI agents to monitor social media and adapt to the latest trends and events in the market.
Unstaked offers a 24/7 digital assistant that keeps track of trends and responds instantly, helping users stay in sync with the crypto community. Currently, the 17th stage of its presale is priced at $0.01043, with a projected launch price around $0.1819 and a potential for a 2,700% return.
Hedera (HBAR) is showing resilience and positive outlooks, while Chainlink (LINK) faces market pressure. Unstaked presents new opportunities for users, actively fitting into the current crypto market landscape.
